Bithiker

New technology drop ☄️ Let us introduce to you, @solana and the entire crypto market our new innovation: The Solana Hybrid Standard - GoHybrid.app This is the gold standard for hybrid DeFi and the biggest disruption to tokenomics since smart contracts. The flood gates to hybrid DeFi with the Solana Hybrid Standard (SHS) have been opened, allowing any existing token to hybridise. This means any token can be converted back and forth into an NFT, with any variable that you wish. They're NFT's BACKED by tokens, that can be freely bridged back and forth 24/7. This itself opens up a whole new world of applications in hybrid DeFi that radically elevates it. What's an example of this? $WIF can create their own traited PFP collection with rarities that's BACKED by $WIF. Say goodbye to dilution. We have completely disrupted the OTC market with what we call FDOTC - Flexible Decentralised OTC FDOTC is when anyone can hybridise a token into an NFT using any variable they wish on the token and NFT side. This creates a decentralised OTC market using NFT secondary exchanges as the facilitator with the flexibility of the number of tokens backing any number of NFT's they wish. Lets use #bitcoin as an example; Using $WBTC, you can create an NFT that holds 1,000 $WBTC, that NFT holding 1,000 $WBTC can be put on an NFT secondary exchange like @tensor_hq and be bought for the equivalent of 1,000 $WBTC, allowing for decentralised OTC (DOTC). It's flexible because you can do this with any variable you wish, 1 $WBTC, 100 $WBTC, or even 1,000,000 $WBTC. It also gives you the ability to do token OTC deals with anyone without any middleman or trust involved, you simply convert the amount of tokens you want to sell into an NFT and place that NFT for sale on the secondary market. The buyer can then convert the NFT back to tokens (or just keep the NFT), and the deal has been made. What's cool is that we can do FDOTC for $SOL itself 😎 We have turned NFT marketplaces into decentralised, trustless and permissionless OTC markets with the Solana Hybrid Standard. A huge, huge disruption. Traited PFP's for every community token Tokens releasing a seperate NFT collection for the community face one huge problem that is often the kiss of death for their project. Dilution. Dilution happens when you split your buy side liquidity from your community in half by having two seperate things they can buy, either a token or an NFT. With the Solana Hybrid Standard, any token project can now create a generative PFP collection BACKED by their OWN TOKENS. With traits and rarities. Like I said above, $WIF can come along and create a PFP collection for their community BACKED BY $WIF. Another use case is $BOME. The artist @Darkfarms1 whose constantly creating new art can back his art by his own coins. Every day he makes a new 1/1 art piece, he can have his own coin back it into an NFT to stop dilution, instantly giving it value and instantly giving him the flexibility to have it on the secondary market AND giving it instant liquidity. But the interesting game theory is that the $BOME backing the NFT gives it a FLOOR PRICE, however, what price the NFT goes for could be well above that in $SOL. On the other side, if anyone buys it and then decides they need to sell but can't wait until it gets sold as an NFT, they can convert the NFT to $BOME tokens and sell on a liquid token market. The NFT will still be available, just held in escrow waiting for someone to bridge $BOME tokens back to it to be claimed again. If the NFT is worth more in $SOL than its $BOME floor price, and it gets converted back to tokens, how many people will be waiting to bridge for it? 😁 Insured Floor Price Because the NFT is backed by tokens the NFT will always have that floor price backing, or it will simply get arbitraged out for a profit. It also means the NFT founder can't decide to magically disappear or nuke the project because the NFT holder can just convert it back to the tokens. There will be interesting game theory in new NFT founders using established coins for trust and liquidity. Also think airdrops and special collections for big holders, too. Piano Liquidity Tokens can have an unlimited amount of NFT collections making a tiered FDOTC market at their disposal. This also opens up liquidity injections through arbitrage. In essence, its a whole new game of trading liquidity. ITS CRYPTO ALCHEMY. This is just a few of the capablities and applications you can use the Solana Hybrid Standard for.. but lets move onto the Gold Nuggets.. In partnership with @tensor_hq we'll be releasing the first Solana Hybrid Standard collection into the world this Friday the 29th, the bozo HYBRID Gold Nuggets. A fully generative and traited 10K PFP collection backed by 80k $bozo tokens each, or, each gold nugget representing 0.01% of the bozoHYBRID token supply. This is going to make for more insane game theory and never before seen tokenomics of any project in crypto, ever. It will also be the first fractionalized NFT of another NFT, and the first project to have two separate NFT collections backed by the same token. As we already have bozo HYBRID Gold Bricks NFT's, which hold 800k $bozo tokens each, or, 0.1% of the supply. 1 Gold Brick = 10 Gold Nuggets The bridge will be gamified as the conversion to a Gold Nugget will be completely random, and the reveal of that Gold Nugget will only happen once a day to make it fair for everyone to find and claim super rare ones. But, more on the Gold Nuggets later this week as we get ready to launch what is the most epic collection of all time 🚀 We believe the Solana Hybrid Standard is the biggest disruption to crypto and tokenomics since smart contracts and we can't wait to see it implemented as its use cases, applications and capabilities are truly insane. We really are only scratching the surface of its abilities and we have way more cooking in the bozo pipeline. More on the crazy game theory that happens because of SHS with the Gold Nuggets later when we release, it's very very exciting. Bozo's be shipping. See you soon for the release of the gold nugs! 🫡💸♻️🚀